242 East 40 Street, New York (Manhattan), NY 10016

Local realty services provided by:Better Homes and Gardens Real Estate Choice Realty
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242 East 40 Street,New York (Manhattan), NY 10016
$4,289,000
  • 8 Beds
  • 7 Baths
  • 4,500 sq. ft.
  • Multi-family
  • Active
Listed by:rong li gu
Office:oxford property group usa
MLS#:874436
Source:One Key MLS

Price summary

  • Price:$4,289,000
  • Price per sq. ft.:$953.11

About this home

4 Story Mixed Use Commercial and Residential Apartment Building in Murray Hill: Description: - 7 Residential Units - 1 Commercial - Property size 19 x 99 - Building 18×53. 7 Residential and commercial units - Approx. of 4500 ft.² - 3 Studio and 3 one bedrooms and 2 bedrooms apartments 242 East 40th Street wide four-story, mixed-use buildings located on East 40th Street between 2nd and 3rd Avenue. The building has development rights allowing for an additional 2000sf of residential space to be built (Need to be confirmed with your architect and design). The 1st, 2nd and 3rd floor, each floor has a studio and 1 BR residential. units, 4th floor has a 2 BR residential unit. One commercial unit on the half ground floor currently is a restaurant, it will be opened soon. The subject property consists of solid. paying tenants. The tenants all pay their own utilities, and the restaurants tenant pays a portion of the property RE taxes as well. The subject property has plenty of room to

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Home facts

  • Year built:1920
  • Listing Id #:874436
  • Added:871 day(s) ago
  • Updated:July 13, 2025 at 10:46 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:7
  • Full bathrooms:7
  • Living area:4,500 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:4,500 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,289,000
  • Price per sq. ft.:$953.11
  • Tax amount:$70,730 (2024)
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